Everfuel and Crossbridge Energy agree on HySynergy Phase II agreements

Everfuel A/S and Crossbridge Energy A/S have signed a long-term agreement specifying the conditions for hydrogen delivery from the first phase of Everfuel’s HySynergy Phase II PtX facility in Fredericia, Denmark, which is currently under construction.

The agreement is a crucial step towards the construction of the 300MW electrolyzer plant.

The two project partners have reached an agreement on the commercial conditions for the initial phase of the electrolyser facility, which will be constructed in three phases (A, B, and C) with 100 MW electrolysis capacity each.
Section A will have a daily production capability of up to 40 tons of green hydrogen, which will be used for more sustainable fuel production at the adjacent Crossbridge Energy refinery and as an emission-free fuel for transportation and industry.

”The long-term agreement on commercial terms with Crossbridge Energy is an important enabler for the HySynergy Phase II development project. We share a strong partnership and are eager to continue our collaboration on building a large-scale PtX facility as a game changer for the energy transition in Denmark. Before that, we of course look forward to starting operations of the Phase I electrolyser facility later this year and deliver the first green hydrogen to our partners and our stations,” says Jacob Krogsgaard, the CEO of Everfuel.

“Hydrogen is the key to unlocking the full potential of green fuels. With Crossbridge Energy’s refinery and the Everfuel’s HySynergy project, we are taking a great leap forward towards more sustainable fuels. Initially, we will replace hydrogen based on fossil fuels with green hydrogen at our refinery, but we are also starting the next step of the Danish PtX journey,” says Finn Schousboe, the CEO of Crossbridge Energy.

When fully operational in 2025, as planned, the second phase of HySynergy will permit an annual reduction of up to 500,000 tonnes of carbon emissions from the transportation sector and industry.

This represents around 11 percent of the yearly carbon emissions from the Danish land-based transport sector. Crossbridge Energy and Everfuel will create further collaboration agreements with external parties for the supply of excess oxygen and heat from the new facility in order to improve its overall efficiency.

The first phase of HySynergy, a 20 MW electrolyser, is now under development next to the Crossbridge Energy refinery and is anticipated to create the first green hydrogen by the end of 2022. Phase II will be developed concurrently with Phase I. The land parcel has already been delineated and is set for building, pending receipt of EU IPCEI funds for the stage A electrolyser.